Bitcoin is a new technology even though it was created in 2009. We also have the new networks to be used in masses.
Those who prefer bitcoin are the new generations while those who invest in gold do so under the belief since when gold was chosen as a legal reserve.
However, those who invest in gold are also investing in bitcoin.
I prefer to invest in bitcoin for all the benefits that we know of.
So much so that I live in a state where gold is exploited in my country and, as I said, my preference is bitcoin.
Topic: Bitcoin or Gold: Superiority - page 4. (Read 1029 times)
gold is an investment in the real world that physically can be handled directly and stored in a gold vault, the price tends to be stable, so gold is a lot of people who still want to invest, while bitcoin is a virtual currency and the price is unstable, so middle-class people rarely invest in bitcoin, only people who have a lot of assets or billionaires who invest in bitcoin and the risk of investing in bitcoin is also very large.
to say bitcoin is unstable then I agree with this, but to say that if the middle class rarely invests in bitcoin, only people who have a lot of assets or billionaires invest in bitcoin and the risk of investing in bitcoin is also very large I strongly disagree with this .when you think like this I think you are quite naive to say that because for me personally everyone can invest here.
apart from the risk in investing it is a very reasonable thing because everything there must be a risk that must be accepted.
apart from all that, all can invest here. there is no specific classification in investing in crypto, especially bitcoin, all here are considered investors, both small and large.
There is no contest who is much better. You can't wear Bitcoin around your neck for one, right? Bitcoin and gold has their own advantages and disadvantages. All I can say is that we should not be comparing which is which. Gold has been here for thousands of years and man has deemed it a very valuable metal. Bitcoin was just invented a decade ago and it has its own advantages to gold but it has to be seen if it has the capability to last a thousand years.
I think gold is superior to bitcoin, we must be aware and don't close the fact that gold is a type of investment that has been actively used since thousands of years ago, from humans knowing buying and selling, gold will continue to be used at any time, while bitcoin, many pessimistic experts can last 100 years again.
I want to factor in Obsolete but Obsolete wouldn't be the right world when trying to compare bitcoin and gold. But let's bringing it in anyway, in a world engulfed by technology which keeps growing at a fast pace and population being composed by mostly the millennial generation, it's easy to see why bitcoin is growing fast and turning to be more superior because it's much easier to own than real Gold. Besides this gold has limited uses as compared to bitcoin which can be used as a store of value or be used as digital money which makes it more desirable to own. With these few reasons you can see why BTC is superior to XAU.
But I think that the desire to wear golden jewelry has something to do with lack of knowledge. (Please forgive me if it sounds rude. I don't want to offend anybody, especially my grandma who adores wearing gold jewelry. 
)
)I am not really offended by your statement but it just makes no sense to say that wearing expensive jewelry has something to do with lack of knowledge. Watches, Jewelry, fast cars are prestige objects and if people enjoy wearing/using/showing them, that doesn't mean they are "dumb"
Those are prestige objects indeed, but not for everyone. And I believe we are moving in the direction where those objects will be less and less prestigious, because, especially in the developing countries(keep in mind that 85% of the world's population is living there), only corrupt officials and their relatives can afford all that stuff. Such people should be embarrassed by their wealth. ... At least that's what I believe.
Everyone has their own opinion. And all are equalized with the ability to risk that is ready to be faced. I invest in bitcoin because I am ready to risk whether it is the risk of profit or loss. If someone prefers to invest in gold, maybe that's the risk ability that he wants to be limited to, he just wants to maintain his assets. So all back to the ability and readiness of each.
But many people don't use that willingness to open their hearts and embrace the many perspectives of others, they are only willing to accept those who accept their opinions and expose the evils and mistakes of other points of view, of course, the opposing side is not generous and also declares war again, expressing the superiority of the point of view and continuing to expose the opponent's dark spots. Our hearts and willingness have plenty of room for both gold and bitcoin, don't let jealousy leak between the two sides, but adjust both to the best according to our ability 
gold is an investment in the real world that physically can be handled directly and stored in a gold vault, the price tends to be stable, so gold is a lot of people who still want to invest, while bitcoin is a virtual currency and the price is unstable, so middle-class people rarely invest in bitcoin, only people who have a lot of assets or billionaires who invest in bitcoin and the risk of investing in bitcoin is also very large.
Question
The price of gold fell 10.5% since the beginning of the year, but the price of Bitcoin gained 332%. Bitcoin, in the same decade, has returned 146% annually, compared to gold's 0% per year. Is it really necessary for us to still debate which of the two is superior?
Gold does not carry the characteristic of expressing “superior”. There's no reason for gold to be comparable to bitcoin in terms of the technology it embodies, let alone in terms of efficiency and net asset classification. Gold is a classic demand while bitcoin is the future when you ignore value to compare them consistently.The price of gold fell 10.5% since the beginning of the year, but the price of Bitcoin gained 332%. Bitcoin, in the same decade, has returned 146% annually, compared to gold's 0% per year. Is it really necessary for us to still debate which of the two is superior?
Gold inherits an inherent age based on demand, bitcoin is newer and in the next few decades no one will compare bitcoin to gold but something else
there is no need to argue that gold and bitcoin are very different. gold only has a safe deposit value but it is difficult to have high upside volatility like bitcoin. but bitcoin is very good for deposit system but also suitable for profit generator. this is clear and there is no need to argue
It should be more appropriate to say that Bitcoin is Virtual Gold while the other is Physical so there is no need for superiority here.Have a Physical Gold for your own safety in the future.
Have your Digital Gold(Bitcoin) also for suture safety.
We can have them both so why people keep on comparing them both?
it is Unethical behavior for me as i believe on these 2 for long now.
there is no need to argue that gold and bitcoin are very different. gold only has a safe deposit value but it is difficult to have high upside volatility like bitcoin. but bitcoin is very good for deposit system but also suitable for profit generator. this is clear and there is no need to argue
It should be more appropriate to say that Bitcoin is Virtual Gold while the other is Physical so there is no need for superiority here.Have a Physical Gold for your own safety in the future.
Have your Digital Gold(Bitcoin) also for suture safety.
We can have them both so why people keep on comparing them both?
it is Unethical behavior for me as i believe on these 2 for long now.
there is no need to argue that gold and bitcoin are very different. gold only has a safe deposit value but it is difficult to have high upside volatility like bitcoin. but bitcoin is very good for deposit system but also suitable for profit generator. this is clear and there is no need to argue
well bitcoin and gold are on 2 different levels of investment, bitcoin is an active element in the economy of crypto it can be used to buy stuff and services from other people directly without needing to transfer it into another of currency, unlike gold that is a passive investment, meaning you can't buy products or services with it directly so in terms of investment these are two different concepts.
Bitcoin and gold are equally profitable when we invest, many people invest in gold because they think saving gold in the long term can be profitable and people who invest in bitcoin they conclude that currently bitcoin is one of the most valuable assets in the future so they store bitcoin in the long term long means that they will reap profits in the future and there are also those who save bitcoins for their children and grandchildren using bitcoins as inheritance for their families.
Your statement is good about this, but now things are changing very quickly recently we have fast and better profit options which are not available through holding gold it's just possible if we have bitcoin, and we are going with better knowledge and understanding of this because its market is highly volatile but still manageable if you are doing your all homework with this.Gold is traditionally also very solid and profitable but have not profit like bitcoin because its price is staying stable mostly never move like Bitcoin which can go either way in few seconds last words both are good if you can afford then keep both because it's never been bad idea.
Yes, they are both profitable but the amount of profits is different. Investors are now looking forward to invest more in bitcoin because the profits is incomparably huge than gold investment. I think people just can't get rid of gold because its a traditional investment that has even brought to this modern times. And since the value is more stable than bitcoin which is highly volatile, so it cannot be easily replaced by another investment. So if that is the case, then we can have them both for long term investments. Its not a matter of superiority, but it all matters on the profits and benefits that it can give.
And as if it sounded incredible, but gold always has the possibility that large gold veins will be found on our planet, or possibly on other planets, when mankind has mastered the vastness of space. And bitcoins will always be only 21 million, and its value will grow higher and higher the more people want to own it. But today, both gold and bitcoin are well suited for long-term investments.
Everyone has their own opinion. And all are equalized with the ability to risk that is ready to be faced. I invest in bitcoin because I am ready to risk whether it is the risk of profit or loss. If someone prefers to invest in gold, maybe that's the risk ability that he wants to be limited to, he just wants to maintain his assets. So all back to the ability and readiness of each.
In my opinion both are best in their own side. In cryptocurrency anything can happen anytime. Price can go to moon. Also price can get down huge. On the other hand gold is something like stable. Though its not fully. Its price also increase and decrease. But not like cryptocurrency. But in the long run Bitcoin will be the superior. Because day by day its popularity increase among all the people. People invest their money on it. People hold and trust Bitcoin as like gold. Also Bitcoin is more profitable than gold.
Right, two different side eyes even though they are investments. But the very distinguishing is that gold, it has been used enough and has been recognized and believed that it is very good for investment. Even though there is now a change where there is a pretty good Crypto, it might even be better than gold.Gold is indeed an investment that is not too frightening for the holders, because it always costs quite stable and different from Crypto which cannot be estimated that the price is indeed unstable. What distinguishes certainly the value to be obtained clearly distinguishes, because with gold we will like saving, the increase is not too high but Crypto especially Bitcoin is a definite investment beneficial and in time it will always increase.
Bitcoin and gold are equally profitable when we invest, many people invest in gold because they think saving gold in the long term can be profitable and people who invest in bitcoin they conclude that currently bitcoin is one of the most valuable assets in the future so they store bitcoin in the long term long means that they will reap profits in the future and there are also those who save bitcoins for their children and grandchildren using bitcoins as inheritance for their families.
Yes, they are both profitable but the amount of profits is different. Investors are now looking forward to invest more in bitcoin because the profits is incomparably huge than gold investment. I think people just can't get rid of gold because its a traditional investment that has even brought to this modern times. And since the value is more stable than bitcoin which is highly volatile, so it cannot be easily replaced by another investment. So if that is the case, then we can have them both for long term investments. Its not a matter of superiority, but it all matters on the profits and benefits that it can give.
Bitcoin and gold are equally profitable when we invest, many people invest in gold because they think saving gold in the long term can be profitable and people who invest in bitcoin they conclude that currently bitcoin is one of the most valuable assets in the future so they store bitcoin in the long term long means that they will reap profits in the future and there are also those who save bitcoins for their children and grandchildren using bitcoins as inheritance for their families.
But I think that the desire to wear golden jewelry has something to do with lack of knowledge. (Please forgive me if it sounds rude. I don't want to offend anybody, especially my grandma who adores wearing gold jewelry. )
)I am not really offended by your statement but it just makes no sense to say that wearing expensive jewelry has something to do with lack of knowledge. Watches, Jewelry, fast cars are prestige objects and if people enjoy wearing/using/showing them, that doesn't mean they are "dumb"
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